| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| FUN | FLL | HFUS | GLXZ | LTRY | | VIVC | |
| NYSE:FUN | NasdaqCM:FLL | OTCPK:HFUS | OTCPK:GLXZ | NasdaqGM:LTRY | | OTCPK:VIVC | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 12.9% | 12.0% | 90.2% | 8.3% | NM- | | 56.1% | |
| 3Y CAGR | 26.5% | 17.5% | NM- | 16.7% | -2.2% | | 199.8% | |
| Latest Twelve Months | 50.6% | 21.2% | 3396.0% | 14.2% | 190.8% | | NM | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -25.3% | 7.5% | -644.1% | 17.5% | -424.0% | | -184.0% | |
| Prior Fiscal Year | 19.3% | -0.5% | NA | 24.2% | -824.2% | | -11.4% | |
| Latest Fiscal Year | 18.1% | 0.3% | 78.3% | 18.0% | -252.7% | | 19.4% | |
| Latest Twelve Months | 18.1% | 0.3% | 68.7% | 18.0% | -362.1% | | -5.3% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 3.28x | 2.18x | 55.39x | 3.43x | 3.13x | | 2.39x | |
| EV / LTM EBIT | 18.1x | 756.0x | 80.6x | 19.1x | -0.9x | | -45.3x | |
| Price / LTM Sales | 1.30x | 0.51x | 55.03x | 2.25x | 1.81x | | 2.62x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 2.18x | 3.28x | 55.39x | | | | | |
| Historical EV / LTM Revenue | 35.60x | 203.92x | 635.09x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 2.70x | 2.84x | 2.98x | | | | | |
| (x) LTM Revenue | 4 | 4 | 4 | | | | | |
| (=) Implied Enterprise Value | 12 | 12 | 13 | | | | | |
| (-) Non-shareholder Claims * | 1 | 1 | 1 | | | | | |
| (=) Equity Value | 13 | 13 | 14 | | | | | |
| (/) Shares Outstanding | 27.4 | 27.4 | 27.4 | | | | | |
| Implied Value Range | 0.47 | 0.49 | 0.51 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.47 | 0.49 | 0.51 | | 0.42 | | | |
| Upside / (Downside) | 11.6% | 17.0% | 22.4% | | | | | |